30-06-2011, 05:44 AM
(29-06-2011, 12:47 AM)redcorolla95 Wrote:(28-06-2011, 06:06 AM)Musicwhiz Wrote:(28-06-2011, 05:15 AM)natnavi Wrote: I still do not get it why do many value investors like to see the price of their shares to go up? I always thought value investing is about getting the company cheap and holding it on forever.
I, for one, do not like to see the price of my shares go up. I share your view that cheap prices make companies more attractive for purchase.
However, I think what you refer to may be the case where a value investor sees steady appreciation in share price over the years which represents the growth of the underlying business. Therefore, it may still be "cheap" (in terms of valuation) but the share price may still rise because the business continues to do better. VICOM may be one such example?
(Not Vested)
The whole point is for share prices to go up (over a long enough period, and hopefully after you've bought your entire position). That's where to get the funds to buy new undervalued stuff and keep repeating the process.
The Sgp stock market is small in capitalization & choice compared to the US, so the absolute no. of fantastic stocks to hold for 20 years like Geico & Berkshire is a whole lot less.
True true... Different stradegies but they are both value investing.
Has anyone noticed that there is a sudden jump in price? Someone is buying Vicom quite a fair bit. I wonder what is going on. Any ideas?
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